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Get your taxes done using TurboTax
For me (TurboTax 2024, 3/22/2025) the process is different.
Under Investments, I choose "Stocks, Bonds, Mutual Funds." I don't see an option to choose "Stocks, Cryptocurrency, Bonds." In the questionnaire about my 1099-B, I answer "Yes" to "Do these sales include any other types of investments? This includes land, collectibles, and other items." But I don't have an option to choose "Collectibles." I only have three options for short-term gains (covered, non-covered, and no 1099-B) and three options for long-term gains (covered, non-covered, and no 1099-B). Then I click "I need to adjust my total cost basis" and select "C" for collectible. I left the adjustment amount empty.
Does this sound correct?
March 22, 2025
10:08 PM